is there any minimum salary limit for the deduction of epf? and whether any employee can cancel his epf voluntarily
From India, Adilabad
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From India, Adilabad
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Hi there,
Yes, you need to follow minimum wages for EPF deduction. Secondly, EPF contributions made voluntarily cannot be canceled once deducted; you must continue the process. Both the employer and employee can restrict their share of contribution up to a maximum limit of Rs. 15,000.
Thank you.
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384Yes, you need to follow minimum wages for EPF deduction. Secondly, EPF contributions made voluntarily cannot be canceled once deducted; you must continue the process. Both the employer and employee can restrict their share of contribution up to a maximum limit of Rs. 15,000.
Thank you.
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EPF Pension15000.xl s